Gold Spot / U.S. Dollar
Short
Updated

XAU Scalping - wait for bearish reaction according to trendline

136
XAU / USD trend forecast JUNE 9, 2025 Scalping

⚠️Gold (XAU/USD) finds renewed support after dipping below the $3,300 level—its lowest in a week—and rises to a new intraday high during early European trading on Monday. The U.S. Dollar (USD) begins the week on softer footing, giving back much of the gains fueled by Friday’s stronger-than-expected Nonfarm Payrolls (NFP) report. This reversal in the greenback helps Gold break out of its recent two-day losing streak.

Market participants remain cautiously optimistic ahead of the anticipated U.S.-China trade discussions scheduled for later today in London. Persistent geopolitical tensions also lend additional support to the safe-haven appeal of Gold, limiting the downside from its recent pullback after reaching nearly one-month highs above $3,400 last Thursday. Nonetheless, easing expectations for near-term interest rate cuts by the Federal Reserve may temper further upside for the non-yielding metal.


⚠️ Gold price has recovered, returned to the downtrend line price zone, gold selling point reacts 3330 - 3333

🚨/// SELL XAU : zone 3330-3333 scalping

SL: 3336

TP: 50 - 100 - 200pips ( 3313)


Safe and profitable trading
Trade active
Price touched 3328 and decreased to 3311 in the European session. Currently maintaining the recovery momentum above 3330

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.